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Boston Multifamily Report – Spring 2019
Considering the 8,250 units slated to come online in 2019, which would mark a new development cycle high, rent growth is expected to moderate slightly, to 2.7 percent for the year.
JAG, New York Life Investment Management Form $100M Acquisition Venture
Formed by Jefferson Apartment Group and New York Life Insurance Co., the investment venture targets the acquisition of 4,000 apartment units and plans to leverage third-party capital partners as it grows.
Seattle Multifamily Report – Spring 2019
The metro remains one of the country’s top-performing multifamily markets, fueled by persistent growth in tech and e-commerce.
JDS Lands $664M Loan to Build Brooklyn’s Tallest Tower
The developer is moving forward with construction of the 575-unit residential skyscraper, which will rise 1,066 feet upon completion, making it the loftiest New York City building outside of Manhattan.
San Diego Multifamily Report – Spring 2019
As a less costly alternative on the California coastline, the metro continues to draw in new residents with its growing biotechnology, defense, and professional and business services sectors.
Multifamily Tech Hits Fever Pitch
Executives around the country weigh in on the industry’s major challenges in a revealing survey by consulting firm D2 Demand Solutions.
Major Miami Mixed-Use Project Breaks Ground
Coral Rock Development Group and Arena Capital Holdings are building the residential and retail property in Hialeah, which will feature 260 rental apartment units along with a Wawa convenience store.
In Case You Missed It: MHN’s Top 5 Posts in April
Miss any of our articles? Catch up with five of our most popular posts for the month.
Austin Condo Project Scores $88M Loan
Pearlstone Partners and Newgard Development Group will use the construction financing to break ground on the 249-unit property in the city’s Rainey Street District by the end of June.
ULI Sees “Attainable Housing” Crunch for Middle Class
In a finding with far-reaching implications for the multifamily sector, ULI reports that modestly priced, new for-sale homes have nearly disappeared in most areas of the country, leaving middle-income Americans in the lurch.